Financial
Distress signals
Property profile

825 Northgate Blvd New Albany, IN 47150

OFF-MARKET
Office Spaces
Property ID
US31-2381966
30,420 SF 9.03 ac lot Built 1999
Last sale Aug 2021 · $1,550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Class A office building, totaling 29,790 square feet, offers a variety of flexible spaces ideal for diverse business needs. Located at the convenient intersection of Grant Line Road and I-265, the property boasts 8 suites within a single, two-story building, constructed in 1999 and extensively renovated in 2022. The building sits on a generous 9.03 acres of land and features modern amenities including elevators. Currently, 5,632 square feet of contiguous space is immediately…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$49k
Tax billed · 2023
Assessed value$1.68M
Assessed land$563k
Assessed improvement$1.11M
Effective rate2.90%

Value estimate

· Sep 2026
$1.20M
$1.08M – $1.31M
AI approach$1.48M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$64/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$39 – $100

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionFLOYD

Location intelligence

Which uses thrive at this corner?
Best fit: Kitchen & Bath
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Kitchen & Bath9.9
Law Firm9.8
Barber Shop9.7

Location

825 Northgate Blvd New Albany, IN 47150-6420
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1730 Audubon, New Albany, IN 47150-3482 $475,000 May 2023 4,980 SF
4023 Reas, New Albany, IN 47150-2228 $34,600,000 Jul 2022 31,646 SF
400 Pearl, New Albany, IN 47150-3451 $1,200,000 Sep 2021 33,534 SF
Pearl At E Main, New Albany, IN 47150 $875,000 Mar 2021 17,472 SF
4919 Charlestown, New Albany, IN 47150-9426 $550,000 Jun 2020 13,797 SF
4802 Charlestown, New Albany, IN 47150-9485 $450,000 Jan 2020 5,958 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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